AP MOLLER MAERSK |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10,330 DKK | +6.17% |
|
+7.96% | -14.91% |
| Apr. 24 | Maersk could offer limited Baltimore barge service | RE |
| Apr. 22 | Hong Kong's Wah Kwong orders more LNG carriers banking on growing trade | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 28,033 | 41,980 | 64,215 | 39,319 | 28,541 | 23,030 | - | - |
| Enterprise Value (EV) 1 | 39,695 | 51,212 | 62,685 | 26,687 | 23,883 | 21,711 | 23,425 | 23,437 |
| P/E ratio | -360 x | 15.5 x | 3.81 x | 1.41 x | 7.92 x | -32.8 x | -44.4 x | 49.1 x |
| Yield | 1.53% | 2.45% | 10.7% | 27.7% | 4.12% | 2.04% | 1.55% | 1.75% |
| Capitalization / Revenue | 0.72 x | 1.06 x | 1.04 x | 0.48 x | 0.56 x | 0.48 x | 0.47 x | 0.45 x |
| EV / Revenue | 1.02 x | 1.29 x | 1.01 x | 0.33 x | 0.47 x | 0.45 x | 0.48 x | 0.46 x |
| EV / EBITDA | 6.95 x | 6.23 x | 2.61 x | 0.72 x | 2.49 x | 3.84 x | 4.03 x | 3.33 x |
| EV / FCF | 7.87 x | 7.53 x | 3.29 x | 0.88 x | 3.98 x | -8.22 x | -12.8 x | -21.2 x |
| FCF Yield | 12.7% | 13.3% | 30.4% | 114% | 25.1% | -12.2% | -7.84% | -4.71% |
| Price to Book | 1.08 x | 1.48 x | 1.5 x | 0.64 x | 0.56 x | 0.47 x | 0.48 x | 0.46 x |
| Nbr of stocks (in thousands) | 20,098 | 19,408 | 18,715 | 17,649 | 16,007 | 15,768 | - | - |
| Reference price 2 | 1,441 | 2,247 | 3,572 | 2,249 | 1,798 | 1,479 | 1,479 | 1,479 |
| Announcement Date | 2/20/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 38,890 | 39,740 | 61,787 | 81,529 | 51,065 | 48,175 | 48,911 | 51,153 |
| EBITDA 1 | 5,712 | 8,226 | 24,036 | 36,813 | 9,591 | 5,647 | 5,813 | 7,037 |
| EBIT 1 | 1,725 | 4,186 | 19,674 | 30,860 | 3,934 | -507.3 | -470.1 | 803 |
| Operating Margin | 4.44% | 10.53% | 31.84% | 37.85% | 7.7% | -1.05% | -0.96% | 1.57% |
| Earnings before Tax (EBT) 1 | 967 | 3,307 | 18,730 | 30,231 | 4,362 | -1,292 | -418.7 | 739.1 |
| Net income 1 | -84 | 2,850 | 17,942 | 29,198 | 3,822 | -861.3 | -302.8 | 963.9 |
| Net margin | -0.22% | 7.17% | 29.04% | 35.81% | 7.48% | -1.79% | -0.62% | 1.88% |
| EPS 2 | -4.000 | 145.0 | 938.0 | 1,595 | 227.0 | -45.14 | -33.31 | 30.12 |
| Free Cash Flow 1 | 5,045 | 6,804 | 19,046 | 30,313 | 5,997 | -2,641 | -1,837 | -1,105 |
| FCF margin | 12.97% | 17.12% | 30.83% | 37.18% | 11.74% | -5.48% | -3.76% | -2.16% |
| FCF Conversion (EBITDA) | 88.32% | 82.71% | 79.24% | 82.34% | 62.53% | - | - | - |
| FCF Conversion (Net income) | - | 238.74% | 106.15% | 103.82% | 156.91% | - | - | - |
| Dividend per Share 2 | 22.00 | 55.00 | 381.0 | 623.0 | 74.00 | 30.24 | 22.93 | 25.89 |
| Announcement Date | 2/20/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 16,612 | 18,506 | 19,292 | 21,650 | 22,767 | 17,820 | 14,207 | 12,988 | 12,129 | 11,741 | 12,545 | 12,287 | 11,947 | 11,705 | 11,569 |
| EBITDA 1 | 6,943 | 7,990 | 9,084 | 10,327 | 10,862 | 6,540 | 3,969 | 2,905 | 1,878 | 839 | 1,590 | 1,539 | 1,252 | 864.3 | 914 |
| EBIT 1 | 5,859 | 6,634 | 7,273 | 8,988 | 9,477 | 5,122 | 2,326 | 1,607 | 538 | -537 | 150 | -180.5 | -492.7 | -683.7 | -588 |
| Operating Margin | 35.27% | 35.85% | 37.7% | 41.52% | 41.63% | 28.74% | 16.37% | 12.37% | 4.44% | -4.57% | 1.2% | -1.47% | -4.12% | -5.84% | -5.08% |
| Earnings before Tax (EBT) 1 | 5,674 | 6,291 | 6,979 | 8,785 | 9,174 | 5,293 | 2,516 | 1,591 | 691 | -436 | 180.5 | -56.4 | -441.4 | -698.6 | -430.6 |
| Net income 1 | 5,438 | 6,094 | 6,776 | 8,593 | 8,879 | 4,950 | 2,284 | 1,453 | 521 | -436 | 225.2 | -55.76 | -420.4 | -706.5 | -104.6 |
| Net margin | 32.74% | 32.93% | 35.12% | 39.69% | 39% | 27.78% | 16.08% | 11.19% | 4.3% | -3.71% | 1.8% | -0.45% | -3.52% | -6.04% | -0.9% |
| EPS 2 | 287.0 | 323.0 | 363.0 | 464.0 | 487.0 | 277.0 | 131.0 | 85.00 | 31.00 | -27.00 | 6.026 | -2.725 | -10.60 | -31.06 | -28.88 |
| Dividend per Share 2 | - | 384.2 | - | - | - | 623.0 | - | - | - | 74.00 | - | - | - | - | - |
| Announcement Date | 11/2/21 | 2/9/22 | 5/4/22 | 8/3/22 | 11/2/22 | 2/8/23 | 5/4/23 | 8/4/23 | 11/3/23 | 2/8/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 11,662 | 9,232 | - | - | - | - | 395 | 406 |
| Net Cash position 1 | - | - | 1,530 | 12,632 | 4,658 | 1,319 | - | - |
| Leverage (Debt/EBITDA) | 2.042 x | 1.122 x | - | - | - | - | 0.068 x | 0.0577 x |
| Free Cash Flow 1 | 5,045 | 6,804 | 19,046 | 30,313 | 5,997 | -2,641 | -1,837 | -1,105 |
| ROE (net income / shareholders' equity) | 1.67% | 9.84% | 48.6% | 53.8% | 6.48% | -0.89% | -0.41% | 1.47% |
| ROA (Net income/ Total Assets) | 0.9% | 5.11% | 28.2% | 35.2% | 4.35% | -2.77% | -1.67% | -0.27% |
| Assets 1 | -9,298 | 55,762 | 63,708 | 82,976 | 87,890 | 31,109 | 18,088 | -361,505 |
| Book Value Per Share 2 | 1,338 | 1,521 | 2,379 | 3,506 | 3,207 | 3,132 | 3,095 | 3,187 |
| Cash Flow per Share 2 | 288.0 | 399.0 | 1,151 | 1,883 | 572.0 | 430.0 | 360.0 | 478.0 |
| Capex 1 | 2,035 | 1,322 | 2,976 | 4,163 | 3,646 | 4,630 | 4,544 | 4,896 |
| Capex / Sales | 5.23% | 3.33% | 4.82% | 5.11% | 7.14% | 9.61% | 9.29% | 9.57% |
| Announcement Date | 2/20/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
1,479
USD
Average target price
1,649
USD
Spread / Average Target
+11.51%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -14.91% | 23.03B | |
| +24.30% | 31.49B | |
| +21.02% | 23.83B | |
| -3.80% | 12.27B | |
| +4.34% | 10.85B | |
| +45.92% | 9.64B | |
| +3.71% | 9.39B | |
| -1.74% | 9.03B | |
| +3.13% | 7.96B | |
| -22.98% | 7.55B |
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- Financials AP Moller Maersk
